A Portuguese crowdfunding site that connects investors with social and environmental impact projects has raised more than $1 million in its latest round of funding.
Goparity, which has more than 30,000 users from more than 70 countries, says it plans to use the money to expand across Europe and North America and to create new financial products, reports Gizmodo.
The company, founded by Nuno Brito Jorge in 2014, says the funding will allow it to create a more diverse and diverse investment outlook, one that is more gender-equal and youth-friendly.
Among the projects on the site that have received funding from Goparity are a village in Kenya that has built a school for at-risk girls, as well as a village in Tanzania that has built a health center for at-risk children.
"Goparity is helping drive this change with its platform, and it's now ready to supercharge growth with this new investment," says the company's CEO.